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Last Updated: Wed, Aug 24 2016 | 10:06 AM |
Bahrain, Kuwait agree $1bn financing agreements
Banking & Finance»

Bahrain, Kuwait agree $1bn financing agreements

Wednesday, 24 August 2016 2:06 PM

Deals cover plans for housing projects; part of grant provided to Bahrain by Kuwait via the Gulf Development Programme

Ahli United Bank Kuwait plans sukuk issue of up to $200m
Banking & Finance»

Ahli United Bank Kuwait plans sukuk issue of up to $200m

Tuesday, 16 August 2016 1:46 PM

Unit of Bahrain's Ahli United Bank wins approval from Kuwait's central bank to issue capital-boosting sukuk

Gulf shares rise after oil prices climb
GCC»

Gulf shares rise after oil prices climb

Sunday, 14 August 2016 6:40 PM

Dubai index rebounded 1.2 percent to its highest close in 16 weeks

Kuwait's ALAFCO acquires nine-aircraft portfolio in GE deal
Transport»

Kuwait's ALAFCO acquires nine-aircraft portfolio in GE deal

Saturday, 13 August 2016 9:57 AM

Deal comprises both Airbus and Boeing aircraft already on long-term lease to well-established airlines in Asia

Kuwait's Al Mazaya buys further 50% stake in Turkish project
Property»

Kuwait's Al Mazaya buys further 50% stake in Turkish project

Saturday, 13 August 2016 12:20 AM

Company announces the acquisition of $25m stake in the six-tower Ritim Istanbul real estate project

Gulf SWFs' European shareholdings up to 4 times bigger than thought – study
Banking & Finance»

Gulf SWFs' European shareholdings up to 4 times bigger than thought – study

Wednesday, 3 August 2016 9:14 AM

Sovereign wealth funds hire external asset managers for equity investments, meaning the extent of their foreign holdings tends to be hidden

Kuwait's Burgan Bank says Q2 net profit falls by 14%
Banking & Finance»

Kuwait's Burgan Bank says Q2 net profit falls by 14%

Tuesday, 2 August 2016 3:34 PM

Kuwait's third-largest lender makes net profit of $56.7m in the three months to June 30

Kuwait's KIPCO says on track to hit 2016 profit target
Banking & Finance»

Kuwait's KIPCO says on track to hit 2016 profit target

Wednesday, 27 July 2016 4:49 PM

Investment firm Kuwait Projects Co posts 8% rise in second-quarter net profit

Kuwait's biggest Islamic lender posts 13% rise in Q2 net profit
Banking & Finance»

Kuwait's biggest Islamic lender posts 13% rise in Q2 net profit

Tuesday, 26 July 2016 2:41 PM

Kuwait Finance House says results were boosted by higher finance income during second quarter of 2016

Kuwait's KAMCO inks $113m deal for US office building
Banking & Finance»

Kuwait's KAMCO inks $113m deal for US office building

Monday, 25 July 2016 2:03 PM

Investment firm says it has signed agreement to acquire US Global Operations Centre of General Electric

Kuwait's NBK says $280m loan provided to industrial firm
Banking & Finance»

Kuwait's NBK says $280m loan provided to industrial firm

Tuesday, 12 July 2016 2:20 PM

Loan to Kuwait Styrene Co will be used for general business purposes, says National Bank of Kuwait

Kuwait's Mezzan set to launch JV operations in Saudi Arabia
Retail»

Kuwait's Mezzan set to launch JV operations in Saudi Arabia

Friday, 1 July 2016 12:17 AM

Conglomerate says it is in talks with Saudi Arabia's Al Faisaliah Group to set up a joint venture in Gulf kingdom

Middle East private wealth set to grow to $11.8trn by 2020
Banking & Finance»

Middle East private wealth set to grow to $11.8trn by 2020

Tuesday, 28 June 2016 1:58 PM

Boston Consulting Group says UAE, Saudi Arabia, and Kuwait's contribution will account for 22.7% of total

Kuwait's finance minister expresses confidence in UK investments
Politics & Economics»

Kuwait's finance minister expresses confidence in UK investments

Monday, 27 June 2016 8:25 PM

His message is delivered to a cabinet meeting which discussed the impact on Kuwait of the British vote to leave the European Union

Saudi GDP growth forecast to hit 14-year low in 2016
Politics & Economics»

Saudi GDP growth forecast to hit 14-year low in 2016

Friday, 24 June 2016 10:08 AM

New report says growth in Gulf kingdom is expected to rise by just 0.8% this year, the weakest level since 2002


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